Search
Close this search box.

NBCO ‘Regional’ earned net profit of 35.000 manats last year

Non-bank credit organization “Regional” has published financial indices for 2022.

Last year, the NBCO earned a net profit of 35.000 manats (it ended the previous year with a loss of 52.000 manats).

As of the beginning of this year, “Regional”s assets amounted to 44.2% more than at the beginning of the last year – 1.7 million manats, including a net loan portfolio of 60.3% more – 1.2 million manats.

Liabilities of NBCOs amounted to 1.2 million manats (72.8% more); balance sheet capital – 0.5 million manats (3.2% more), including authorized capital -0.5 million manats (unchanged).

Source: Turan News Agency